Global, family-owned food company Rich Products has expanded its product portfolio with three acquisitions: Rizzuto Foods, a Pacific northwest-based leader in pizza dough innovation; Morey’s Seafood International, a major seafood industry player based in Plymouth, Minnesota; and two manufacturing plants from TreeHouse Foods, a leading manufacturer and distributor of private label breads, rolls and cakes. These […]
Tag: acquisitions
Posted inDeli News, Grocery News, Home Page Latest News, Meat/Seafood/Poultry, National, Organic Natural, Suppliers
Land O’Frost Acquires Wellshire Farms, Enters Natural, Organic Market
Land O’Frost, a brand of pre-sliced deli meats and a producer of specialty sausage products, has purchased Swedesboro, New Jersey-based Wellshire Farms Inc. Wellshire is an established leader in the natural and organic meat space, says Land O’Frost. Its products are sold in specialty grocery retailers such as Whole Foods Market, Trader Joe’s, Sprouts Farmers […]
Posted inPiggly Wiggly, Corporate Store News, Home Page Latest News, Independent Store News, Southeast, Store News
Independent Piggly Wiggly Owners To Purchase Six SEG Stores
Three independent Piggly Wiggly store owners, with the support of C&S Wholesale Grocers, have entered into a definitive agreement with Southeastern Grocers to acquire three Bi-Lo stores in South Carolina and three Harveys Supermarkets in Georgia. This arrangement is in conjunction with the restructuring support agreement announced by Southeastern Grocers on March 15. Piggly Wiggly […]
Posted inDeli News, Grocery News, Home Page Latest News, Industry News, Midwest, Suppliers
Hormel Foods Completes Acquisition Of Columbus Manufacturing Inc.
Hormel Foods Corp. has closed on its acquisition of Columbus Manufacturing Inc., a deli meat and salami company, from Chicago-based Arbor Investments. According to Hormel Foods, the addition of the Columbus brand strengthens its position as a total deli solutions provider while enhancing its other deli brands, such as Hormel, Jennie-O, Applegate and Di Lusso. The purchase price is approximately $850 […]
Posted inCenter Store, Home Page Latest News, Industry News, National, Snacks Brands, Suppliers
Ferrero To Acquire U.S. Confectionery Company Ferrara
The Ferrero Group, a global confectionary group, has entered into a definitive agreement for a Ferrero-affiliated company to acquire Ferrara Candy Co., the third-largest U.S. non-chocolate confectionary company, with strong positions in the gummy and seasonal candies categories. Ferrero is acquiring Ferrara from L Catterton, a global consumer-focused private equity firm. Terms of the transaction were not […]
Posted in, C-Store News, Corporate Store News, Home Page Latest News, Industry News, National
Kroger Considers Sale Of C-Store Business Generating $4B In Sales
Kroger plans to explore strategic alternatives for its convenience store business, including a potential sale, as part of its Restock Kroger plan, which is designed to “redefine the food and grocery customer experience in America.” “Restock Kroger” is a review of assets that are potentially of more value outside of the company than inside. “Our convenience stores […]
Posted in, Center Store, Home Page Latest News, International Foods, Private Label Brands, Southeast
Teasdale Foods Acquires Mesa Foods
Teasdale Foods has acquired Louisville, Kentucky-based Mesa Foods. Teasdale, which is majority owned by private equity firm Snow Phipps Group, is a national provider of private label and branded Hispanic foods to the retail, foodservice and wholesale channels. Founded in 1984, Mesa is a producer of private label tortillas, flat breads, taco shells, taco kits […]
Posted in, Northeast
Longtime Retailer Mars Super Markets To Exit July 31
On the heels of its deal to sell five stores to Weis Markets, Mars Super Markets has notified its employees that the remaining eight stores would close by July 31 unless it can find a buyer for them. On May 24, Weis Markets announced plans to purchase the five Mars stores in Baltimore County, Maryland, […]
Posted in, Northeast
Global Partners To Divest Of 31 Retail Sites To Mirabito Holdings, And More….
C-Store News In Brief… Global Partners LP in Waltham, Massachusetts, plans to sell 31 non-strategic gasoline stations and convenience stores in New York and Pennsylvania to Mirabito Holdings, Binghamton, New York. The parties also will enter into long-term supply contracts for branded and unbranded gasoline and other petroleum products. The retail assets were acquired by […]
Posted in, Center Store, National
Flowers Foods To Acquire Certain Sara Lee, Earthgrains Assets
Flowers Foods Inc. will acquire certain assets and trademark licenses from BBU Inc., a subsidiary of Grupo Bimbo S.A. B. de C.V. The financial terms of the transactions were not disclosed. Under the terms of the transactions, Flowers will receive perpetual, exclusive and royalty-free licenses to the Sara Lee and Earthgrains brands for sliced breads, […]
Posted in, Northeast, Perishables, Southwest
Flowers Foods Acquires Lepage Bakeries
Thomasville, Ga.-based Flowers Foods announced July 23 that it has acquired Lepage Bakeries of Auburn, Maine. For fiscal 2011, Lepage had sales of $166 million from its three bakeries in New England. The acquisition adds Lepage’s efficient operations and 100 years of baking tradition to the second largest producer of packaged bakery foods for retail […]